Sensible Investment Advice

Investing for your retirement is an important part of your overall financial plan — and we’ve got valuable tips to consider as you put your plan together. Here are a few key things to think about, whatever your current stage of life…

Have you reviewed your financial plan recently? While it’s not a good idea to make continual changes, or to peek at your accounts on a daily or weekly basis, a thorough annual review can help ensure that you’re on the right track toward your goals for the future. We can help.

Your financial plan is the key to achieving your short- and long-term goals. So when you’re making your plan, you need to know you’ve got an advisor who is knowledgeable, honest, and always on your side. That’s why Horizon Bank is committed serving your best interests, in everything we do.

Trying to decide whether you should pay off bills, or set aside more savings for your retirement? Whatever you do, get started now. Whether you’re paying off bills, saving for the distant future, or both, time is on your side.

As you’re going through tax documents for the past year, you may be wondering how you could benefit by making more investments in the future. Learn more about IRAs and find out which one is right for you.​

If you have the means to give charitably, your good deed can pay you back with special tax incentives. Donations can result in a tax deduction, help you avoid capital gains taxes, and minimize estate taxes after your death.

Big life changes often bring with them big changes to your financial circumstances. When unexpected events occur, you may need the help of a professional to ensure that your assets are protected in a way that meets your needs.

Here are the new tax laws for 2015. Deposit for 2015 up until April 18th: The deadline for maximizing IRA contributions isn’t New Year’s Day. You have through April 18th of this year to contribute toward your 2015 IRA maximum.

This is a busy time of year for everyone, and it’s easy to forget about important financial decisions that are best made now. At Horizon Bank, we encourage you to take a little time out to make some strategic choices before December 31.

The short answer is “yes.” Changing jobs is common today, and many people end up with more than one type of retirement account. The key is to leverage each account’s benefits and restrictions to maximize your retirement savings.
First, know the limits. The 2015 contribution limit for a 401(k) is $18,000, or $24,000 if you’re 50 and over. You may deposit $5,500 in combined Roth or traditional IRAs for 2015, or $6,500 if you’re 50 and over.

For many people, the advantages of a Roth IRA make it the best choice for retirement savings. Depending on your eligibility, income and other factors, it could be the ideal retirement account for you.​

A trust is a legal entity that is created for the purpose of transferring property to a trustee for the benefit of a third person (beneficiary). The trustee manages the property for the beneficiary according to the terms specified in the trust document.

No matter your age or life stage, that first foray into investing can be daunting. There are new terms to learn, risks to understand, methods to study. After all, it’s your hard-earned money on the line — so you’re not taking this lightly. These six starting steps can help you invest confidently.

If you think retirement planning starts when you stop working, think again. It’s never too soon to plan ahead. Whether your retirement is decades away or right around the corner, there are steps you can take right now to help make the most of your retirement years.